Latest News
EnQuest non-exec joins Barratt's board
EnQuest non-executive director Jock Lennox has been appointed as a non-executive director of Barratt Developments, the housenuilder confirmed on Wednesday.
Plutus PowerGen listing bonds to raise cash
Plutus PowerGen (PPG) was preparing to launch a number of listed bonds on Wednesday in a bid to raise cash for its next tranche of power generating projects.
US oil product stockpiles fall in latest week, DoE says
US oil inventories registered another sharp increase in the latest week, but accompanied by equally large drawdowns in those for oil-products.
C&C Group veteran non-exec to step down
C&C Group non-executive director John Hogan will retire from the company’s board on 29 February, the beer and cider maker confirmed on Wednesday.
FTSE 100 movers: Miners keep index firmly in the red
The FTSE 100 was firmly in the red again on Wednesday, down 110. 76 points (1. 86%) to 5,851. 55 by mid-afternoon.
WEY appoints Barrie Whipp as non-exec director
Wey Education has appointed Barrie Whipp as a non-executive director of the company.
Wednesday broker round-up
Standard Chartered: UBS reiterates neutral with a target price of 510p, JP Morgan stays at overweight, 725p target and Morgan Stanley keeps at underweight with a target price of 370p.
US services sector slows in February, first decline since 2013
Business activity in US services sector in February has contracted for the first time for since 2013, according to 'flash' Purchasing Managers’ Index data from Markit, which feared worse was to come.
Ascent Resources moves closer to production in Slovenia
Ascent Resources was heading towards production at its Slovenian asset on Wednesday, with the board updating the market on its three possible routes to first gas.
Low oil prices affecting Suez canal
Canals were the latest industry to be affected by the downturn in oil, with new analysis from Port Overview suggesting the Suez was being particularly affected.
Summit Therapeutics hails strong C-difficile findings
Summit Therapeutics has reported that pre-clinical research into its treatment for the Clostridium difficile hospital superbug has found it to be a "novel and potent antibiotic".
US new home sales slump in January
Sales of new single-family homes in the US fell more than expected in January, official data published on Wednesday showed.
UBS sees limited read-through from Hugo Boss to Burberry
UBS´s upbeat view on luxury-goods maker Burberry was unmarred by a profit-warning from rival Hugo Boss in the previous session.
Thursday preview: Lloyds Banking Group's full year earnings in focus
Lloyds Banking Group is expected to report a sharp decline in full year profit on Thursday as the company sets aside further provisions for the mis-selling of payment protection insurance (PPI).
Ryanair backs UK remaining in EU
Ryanair has declared it is on the “remain” side of the Brexit debate, saying the UK needs to lead reform from within the European Union.
Institutional investors more confident on Asia and North America, State Street says
Volatility in financial markets in February centred on China and the knock-on impact of the drop in oil prices, but institutional investors were in fact looking elsewhere, according to State Street Associates.
Headwind from Brexit risks for Irish exporters likely to reverse, Investec says
Sterling should recover once the risk of Brexit was exorcised, but in the meantime it would create a headwind for Irish exporters, Investec said.
Grafenia warns on profits as turnaround takes effect
Grafenia has warned that full year results will be much worse than expected but that Peter Gunning has been appointed as chief executive on a permanent basis after making progress in the turnaround of printing and graphic design software company.
Sareum inches closer to drug breakthrough
Sareum Holdings was still running on the smell of an oily rag in its interim report on Wednesday, but the company was confident it was heading towards a breakthrough in its durgs under development.
Tristel hikes dividend as interim profit rises 36%
AIM-listed Tristel lifted its dividend and reported a rise in first half profit and revenue as the company’s international expansion continues.